Capricornia Centre, 91 Todd Street,
Alice Springs, NT 0870
$1,350,000 Ex GST
Key property information
Map of Capricornia Centre, 91 Todd Street
Train stations within 5 km of Capricornia Centre, 91 Todd Street, Alice Springs, NT 0870 Distance Alice Springs Station 743 mPOWERED BY HERE © Bus stops within 5 km of Capricornia Centre, 91 Todd Street, Alice Springs, NT 0870 Distance Alice Springs 114 m Post Office 275 m Bath Street 411 m Alice Springs Terminus 425 m Alice Springs Interchange 511 mPOWERED BY HERE ©
The property is zoned Central Business (CB) which actively promotes a mixed- use environment that targets commercial, cultural, administrative, retail and other business activities. The highly visible location is adjacent to the Alice Springs Town Council on the southern side of the busy intersection and the entrance into Todd Mall on the northern side.
Built in the early 1970s of painted besser block walls and aluminium windows and door frames. Each of the exterior windows and doors has been fitted with electronic security roller doors.
There is a total land area of 560sqm or thereabouts and a nett lettable area of 497sqm. Each tenancy has its own rear access to amenities including bathroom facilities, split system air conditioning and electric hot water.
The complex enjoys high occupancy with just one tenancy currently vacant. The fully occupied gross rent is estimated to be $165,532 ex GST and the non-recoverable outgoings are approximately $7,750.
An astute purchase for the returns driven investor. A detailed Information Memorandum is available by contacting the selling agent.
Property ID: 503781934Last Updated: 10 May 2021